- 01 Apr, 2021
- 0 Comments
- 1 Min Read
Writer’s Choice
In our society today, the burden of saving and retirement plan decision-making is placed on the employees. Unfortunately, most employees do not know enough finance to make good choices.
The decisions you will need to make include when to start contributing to your retirement plan, how much to contribute, and where to invest the money.
Watch this video clip from the PBS newsmagazine Frontline. First, go to:
http://www.pbs.org/wgbh/pages/frontline/retirement/ (Links to an external site.)
The webpage looks like this. Click on the “Watch the Full Program Online” button when you get there.
Select and watch the Video “Can You Afford to Retire?”
You learn much about these topics in this course, but see if you can the answers to these questions from the videos:
1.What could be your general response as a financial planner to the person that wants to retire comfortably having only 16,000 from SS payment? ( 1st article)
2. What is the impact of your financial future if you start participating in your pension plan early versus late?
3. What percentage of your income should a person contribute?
4. Does the return your pension investments earn matter to your financial future? How?
5. How might diversification impact your ultimate success in being able to generate retirement income?
6. Speculate how an intuitive thinker’s investment decisions and retirement portfolio might be different from an analytical investor’s.